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Nov 29, 2012
11/12
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[inaudible] with more trillion dollar deficits forecast in years to come. despite the extraordinary steps to do with a great recession, deficit as a share of the economy has actually decreased every year for the last three years. 10% of gdp in 2009, 7% gdp today. the source is not the democratic national committee, but "investor's business daily." they said believe that or not, the federal deficits smaller over the past three years and it hasn't any stretch since demobilization after world war ii. outside of the post-world war ii era, the on than the up deficit has fallen faster is when the economy we left in 1937, during the great depression into -- [inaudible] u.s. district offers, testing the speed limit of the fiscal consolidation does and backfire. >> i really go back to simpson-bowles. i think they had it right put. repeat, everything on the table. not only taxes, but spending cuts and entitlement reform. let me speak about each of them. first when it comes to revenue, so many people in the business community and outside have talked about simpson-bowl
[inaudible] with more trillion dollar deficits forecast in years to come. despite the extraordinary steps to do with a great recession, deficit as a share of the economy has actually decreased every year for the last three years. 10% of gdp in 2009, 7% gdp today. the source is not the democratic national committee, but "investor's business daily." they said believe that or not, the federal deficits smaller over the past three years and it hasn't any stretch since demobilization after...
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Nov 29, 2012
11/12
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CSPAN2
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without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up. the underlying assumptions in our tax code are frankly out of step with the complexities of today's global economy. this is especially evident in our corporate tax code. on the domestic side of our corporate tax code, the u.s. has become the highest tax rate country among all the developed countries in the world. so canada just lowered their rate from 16.5% to 15%. our rate is 39.2% when you combine the state and federal burden. federal burden 35%. state burden closer to 5%, 6%. so right now, the average among all the developed countries in the
without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up....
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Nov 26, 2012
11/12
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CSPAN2
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no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting rid of the motion to proceed, that we're turning country upside-down is ridiculous. it's not true. they have legislated with the effort to defeat obama. he won. he won by 2 1/2 million votes, 325 -- 327 electoral votes, overwhelming. even though they did everything they could to stop him from being reelected. everyone knows what a failure this congress has been because of what the senate has done and that's nothing. nothing. no job creation. they didn't want that. it would -- if -- if we had had some ability to create jobs, it would have helped obama, it would have helped the country. but, no, that wasn't what they wanted to do. and a terrible day for them last year was the -- several months ago, the supreme cour
no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting rid of the motion to proceed, that we're turning country upside-down is ridiculous. it's not true. they have legislated with the effort to defeat obama. he won. he won by 2 1/2 million votes, 325...
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Nov 28, 2012
11/12
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madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got to appreciate the fact that one out of four corporations in america doesn't pay a nickel in taxes. we can bring in significant amounts of revenue through tax reform which asks corporations to start paying their fair share of taxes. we're losing $100 billion a year because corporations and the wealthy are stark their money in the cayman -- are stashing their money in the cayman islands and other havens. defense spending tripled since 1997. we're now spending almost as much as the rest of the world combined. let's take a serious look at defense spending. madam presid
madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got...
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Nov 25, 2012
11/12
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CSPAN2
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at least the one technology will be a drain on the taxpayer and walk on torturing dollars deficit. ibm back ibm back thank you. i would like to know to which degree to think as the united nation but for the 21st century to political power in the hands of the green lobby. >> well, the u.n. has been very encouraging of the green lobby and the screen job issue is not an issue here in the united state. it is an issue also in europe being encouraged by the u.n., encouraged by the meeting over the summer. but europe is also finding green job aren't all they thought they would be. spain has stopped subsidies for solar power under that doesn't work in sunny spain it's not going to work anywhere. germany has also stopped at subsidies which is more understandable because there's a lot of clubs in germany, even though the economy isn't cloudy at all. the u.n. has had a strong influence on this. >> yes, sir. >> chuck bradford. you are probably not old enough to remember, the jimmy carter gave lots of money, billions of dollars to alternate energy projects. >> i do remember. >> too many of thos
at least the one technology will be a drain on the taxpayer and walk on torturing dollars deficit. ibm back ibm back thank you. i would like to know to which degree to think as the united nation but for the 21st century to political power in the hands of the green lobby. >> well, the u.n. has been very encouraging of the green lobby and the screen job issue is not an issue here in the united state. it is an issue also in europe being encouraged by the u.n., encouraged by the meeting over...
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Nov 21, 2012
11/12
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CSPAN2
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we have a trillion dollar deficit, two-thirds of dodd-frank hasn't been written, etc., etc.. i haven't heard any solutions i think you are right you what to publish online. i think the transparency is great. but we have a real situation. this fiscal cliff especially when added to what's happening. what can be done positively to get in the deadlock where you stand up the taxes. >> yes we have a huge problem. a 5 trillion-dollar debt. >> we keep talking about the fiscal recovery being different. you go back into the century and they all recouped a lot faster than this one. obama and hoover both reacted in the same way to the recession which was more spending, higher taxes and regulations and obama and hoover and fdr who never did anything. i think there's a very serious damage done to the economy and to the world economy and the approaches bush took running up to this and that obama is put on steroids. this is in the middle of many problems to continue to not be ended. and the was a very big problem. to be much more serious about spending and it was in that way before. >> how d
we have a trillion dollar deficit, two-thirds of dodd-frank hasn't been written, etc., etc.. i haven't heard any solutions i think you are right you what to publish online. i think the transparency is great. but we have a real situation. this fiscal cliff especially when added to what's happening. what can be done positively to get in the deadlock where you stand up the taxes. >> yes we have a huge problem. a 5 trillion-dollar debt. >> we keep talking about the fiscal recovery being...
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Nov 24, 2012
11/12
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FBC
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it is a deficit. with 2.5 trillion dollars tos tr work with. billion nex $901 billion for next year.tiont the national debt is over $16 trillion.$1 and the president's big plan cember has 1.6 trillion dollars.h first you want to raise 849 billion. over 10 years by allowing the bush tax cuts to go away this year. those with $849 billionhundred n including $206 billion.lion on i two itemized deduction.n apital higher taxes on capital gains and the white house wants to raise $584 billion aver 10 years.thev by reducing the value of tax c breaks with a charitable m contributions, mortgage payments that could have an impact on the housing industry. we have some thain going good now so let's stop that. the rest comes from raising taxes on energy companies and brokers and traders. over a decade bricks down $160 billion each year that still leaves a hole of the hundred $40 billion. he so you're looking at alionde $100 trillion deficit the president was to demonize the bushhe tax cuts but thewill. tax revenue is already increasing under the bushes. rates
it is a deficit. with 2.5 trillion dollars tos tr work with. billion nex $901 billion for next year.tiont the national debt is over $16 trillion.$1 and the president's big plan cember has 1.6 trillion dollars.h first you want to raise 849 billion. over 10 years by allowing the bush tax cuts to go away this year. those with $849 billionhundred n including $206 billion.lion on i two itemized deduction.n apital higher taxes on capital gains and the white house wants to raise $584 billion aver 10...
SFGTV2: San Francisco Government Television
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Nov 21, 2012
11/12
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SFGTV2
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our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billion came in, they thought they were king of the mountain and spend it. arnold came in to clean it up. a couple years later, he left town and $26 billion this year. this has been the nature for the last decade, kicking the can down the road. not talking straight. the way it is. the way it is, it is a tale of two cities. there is fabulous wealth and link electronics, inc. model number: pdr-885 software version: 3.0c in some places it would be food or shelter or lov
our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was...
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Nov 24, 2012
11/12
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willing to talk about crucial issues that neither of the other two seemed willing to talk about, like deficit reduction. so nixon thought he was making a positive contribution that way. but nixon also disagreed with perot's protectionist and isolationist strains in his platform. and then perot exited the race and jumped back in, and this really disappointed nixon because he thought that perot was treating the presidential race as a game that was subject to his own caprices and his own whims. and so nixon thought that the country could not afford to have such an erratic character as a vice presidential or a presidential nominee. c-span: how did you go about getting random house to buy this book? >> guest: actually, i had worked with harry evans at random house on nixon's last book, "beyond peace." so i had somewhat of an association with him. and i let him know that i had several sample chapters done that mr. safire had read, and i had a simple outline for him, and would he be willing to read it? and he was, and he liked it, and so that's how it came to be c-span: and when did you start that p
willing to talk about crucial issues that neither of the other two seemed willing to talk about, like deficit reduction. so nixon thought he was making a positive contribution that way. but nixon also disagreed with perot's protectionist and isolationist strains in his platform. and then perot exited the race and jumped back in, and this really disappointed nixon because he thought that perot was treating the presidential race as a game that was subject to his own caprices and his own whims....
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Nov 21, 2012
11/12
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FBC
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that does not help us close the deficit gap. may be politically of fun move for someone to hang their hat on, but the deficit and an economic stadpoint, it's just is not make sense. melissa: i absolutely hear what you're saying in think there are people who agree with you. are you willing to stand that ground and not yield and go over the fiscal cliff rather than yielding on that position of marginal rates? >> kiffin important for us to solve this prblem i think with the economy flying solo and so slow, congress and the president ought not be creating turbulence right now. let's just solve this thing. let's all that the right way. melissa: i hear you. what do you do from there to avoid going over the cliff? >> i think the common ground is revenue. we know that we can balance and pay our debts and build that gdp, which is what are generating. eighteen, 18 and a half percent, @%different issue. we think we can work with the president and democrats to find a way to create new revenue, mean substantial revenue to start taxing. melis
that does not help us close the deficit gap. may be politically of fun move for someone to hang their hat on, but the deficit and an economic stadpoint, it's just is not make sense. melissa: i absolutely hear what you're saying in think there are people who agree with you. are you willing to stand that ground and not yield and go over the fiscal cliff rather than yielding on that position of marginal rates? >> kiffin important for us to solve this prblem i think with the economy flying...
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Nov 21, 2012
11/12
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deficits in use, low demand led growth in europe, and japan and an undervalued currency and china. i think it's time to recommit with confidence to the three elements of successful global economy. free trade, flexible exchange rates, and the free flow of capital across borders based on open investment policies. i'll give real credit to the obama administration. they been very good on investment the president obama was the first democrat in 30 years to put out an open investment statement. why? because foreign direct investment in the u.s. create jobs that are disproportionally export oriented, disproportionately manufacturing oriented, and/or 50% more likely to be unionized. this is capital we should be fighting for. i think we need to approach trade in the second obama term with that same degree of confidence going to the point that tran one may be a nothing the world is ready to engage with us. angela merkel proposed attended by free trade agreement in her speech this year. i think we should pick up on that and go for. there's a trans-pacific partnership in negotiated out in asia
deficits in use, low demand led growth in europe, and japan and an undervalued currency and china. i think it's time to recommit with confidence to the three elements of successful global economy. free trade, flexible exchange rates, and the free flow of capital across borders based on open investment policies. i'll give real credit to the obama administration. they been very good on investment the president obama was the first democrat in 30 years to put out an open investment statement. why?...
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Nov 27, 2012
11/12
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CNBC
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taxes. >> i want to reduce the deficit. you're absolutely wrong. i want to reduce the deficit j why are you afraid the fiscal cliff? >> because larry elder i believe that cutting spending will help grow the economy. i also believe a flat tax will help growth economy, but larry elder, my beef right now is it's all about revenues and tax rates and so forth, and i want lower spending because i think that's progrowth, larry elder. >> less money should be taken from the pockets of the american people, whether you're talking about deductions or loop hole, however you do it. less money should not -- should be taken from the american people, not more, and christiana roma said raising taxes is contractionary, lowering taxes section pangsry. one more time why do it at all? >> exaccuse me, larry. >> two things. there's a political reason and there's a policy reason. the political reason is we had an election. the american people decided tax rates were going to go up for the top 2% of income earners. the republicans tried the alternati
taxes. >> i want to reduce the deficit. you're absolutely wrong. i want to reduce the deficit j why are you afraid the fiscal cliff? >> because larry elder i believe that cutting spending will help grow the economy. i also believe a flat tax will help growth economy, but larry elder, my beef right now is it's all about revenues and tax rates and so forth, and i want lower spending because i think that's progrowth, larry elder. >> less money should be taken from the pockets of...
SFGTV: San Francisco Government Television
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Nov 24, 2012
11/12
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SFGTV
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another term for this gap between the blue and orange lines is the deficit factor. it's a term in california school of finance. and that is now over 22%. so for every dollar of baseline revenues we should be receiving, we are receiving 78 cents of funding. and that is being scored and tabulated each year by the state. and it is hopefully going to be restored over time. but in the past six years we have been making do with the resources you see on this chart. >> just to clarify, that's the projected statutory cola, the difference between that and the orange line? >> that's correct. >> and that's what is calculated with the state and hopefully there is repayment of that gap. >> correct, supervisor. just a couple of other points that are pertinent to the item before you. in the spring of 2009, was when the board of education passed its a-g graduation requirements. you see in this context that was right before this precipitous decrease in the state's funding for schools. the board of ed passed the graduation requirements in may of 2009. the budget from the state for fy-
another term for this gap between the blue and orange lines is the deficit factor. it's a term in california school of finance. and that is now over 22%. so for every dollar of baseline revenues we should be receiving, we are receiving 78 cents of funding. and that is being scored and tabulated each year by the state. and it is hopefully going to be restored over time. but in the past six years we have been making do with the resources you see on this chart. >> just to clarify, that's the...
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Nov 26, 2012
11/12
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FBC
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. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849 billion, includes $206 billion, of higher taxes on dividends. $123 billion, on limiting itemized deductions. $36 billion, higher taxes on capital gains. and, next, the white house want to raise another $584 billion, over ten years... $584 billion, of that, over ten years by reducing the value of certain tax breaks, cutting tax breaks related to charitable contributions and, by the way it may have an impact on the housing industry and that should get everybody a little excited. we have something good going here as the saying goes now, in the housing industry and let's quash that. the rest of the
. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849...
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Nov 24, 2012
11/12
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FBC
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he forecasted a $1.3 trillion deficit. th so that means, if i can figure this out, $2.5 trillion to work with. $1.3 trillion in deficit. $901 billion left for next year. our national deficit iss big pl $16 trillion. everybody knows that. the president's bignt plans, he just wants $1.6 trillion in new taxes.t here is how he wants to get there. first he wants to raise 849 billion. by allowing the bush tax cuts -y there they go. taking him away.f the very first of december of this year. incom incomes of more than $250,000, 849 billion includes 206 billion in higher taxes on dividends. $123 billion on limiting i'm itemized deductions.pital higher taxes on capital gains. then they want to raise another$ $534 billion over 10 years.ten b excuse me,y over two years, by using tax rates.e mortgage payments and -- oh, by the way, that might have ane evr impact on the housing industryby and that could get everybody excited. we have something good going, so mones squash that. the rest would come from raising taxes on commodity traders,
he forecasted a $1.3 trillion deficit. th so that means, if i can figure this out, $2.5 trillion to work with. $1.3 trillion in deficit. $901 billion left for next year. our national deficit iss big pl $16 trillion. everybody knows that. the president's bignt plans, he just wants $1.6 trillion in new taxes.t here is how he wants to get there. first he wants to raise 849 billion. by allowing the bush tax cuts -y there they go. taking him away.f the very first of december of this year. incom...
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Nov 28, 2012
11/12
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FBC
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it adds up to about what our deficit is. until you deal with the fact that they have continued this $800 billion in stimulus until they cut that out, are we going anywhere? >> i think the real object tiff, the thing we have to do as a company, as a country is fix our fiscal house. in order to do that we have to reduce spending, we have to increase taxes. there is no two ways about it. the great thing in my view about the fiscal cliff --. david: by the way whht we're looking at what i was talking about before. as you can see, tween, that was supposed to be one-shot deal. $800 billion increase in spending. continued, 2011, 2012. that is what has to be addressed. >> it all has to be addressed. we need a comprehensive solution that will last for a long time that will both right the ship and give us certainty and give us understanding as business people and consumers what status we will have from a tax poont of view, from a spending point of view over the next number of years. liz: that becomes the big problem for anybody trying
it adds up to about what our deficit is. until you deal with the fact that they have continued this $800 billion in stimulus until they cut that out, are we going anywhere? >> i think the real object tiff, the thing we have to do as a company, as a country is fix our fiscal house. in order to do that we have to reduce spending, we have to increase taxes. there is no two ways about it. the great thing in my view about the fiscal cliff --. david: by the way whht we're looking at what i was...
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Nov 24, 2012
11/12
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KTVU
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cougars of wsu coming back from a 28-10 deficit to wind up winning in overtime. the warriors tipped off up in did denver just a couple of minutes ago. full highlights at 10. >> see you thin. thank you, mark. and -- see you then. thank you mark. and thank you for trusting ktvu news. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get a free wireless receiver with a qualifying u-verse plan. rethink possible.
cougars of wsu coming back from a 28-10 deficit to wind up winning in overtime. the warriors tipped off up in did denver just a couple of minutes ago. full highlights at 10. >> see you thin. thank you, mark. and -- see you then. thank you mark. and thank you for trusting ktvu news. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move...
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Nov 29, 2012
11/12
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KNTV
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plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is now suggesting that while negotiations continue on whether the wealthy to pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people, and i think we ought to go ahead and make that abundantly clear to everybody and take it out of the negotiation. >> reporter: bott
plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least...
SFGTV2: San Francisco Government Television
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Nov 29, 2012
11/12
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SFGTV2
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i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of p
i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and...
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Nov 28, 2012
11/12
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CURRENT
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that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of the world acknowledge there was some disparities, the ratio of ceo to comp that was crazy and they said we're going to pare that back. >> the compensation is out of whack. we got bailed out. we haven't been criminally prosecuted. the stock market has doubled. stock market has doubled under the obama administration. who we don't like. who we fought valiantly to try to defeat. they would have a lot more credibility if they said that. again, i made the argument that you know whatever it is, the business of the american people, you know used to be general motors. it
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of...
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Nov 28, 2012
11/12
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CSPAN2
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what he said was the deficit in the state of american society. i think that's exactly right. you can look at questions of the budget. you can look at questions of infrastructure. immigration policy. but above all, education policy. this is the future. we're not talking about her physical infrastructure. and joel klein is someone who's given his most recent phase of his multi-career when he discovers the best restaurants in brooklyn, is focused on improving a lot of young people in this country. it's supposed to be the other way around. so i'm going to tell you how condi has been dedicated to this issue. a year and a half ago i called her up and said convy, i want you to do some thing for me and with me. she said richard coming to b.c. don't even start. i said okay. i said before the end of this conversation come you're going to agree with going to ask you. and she said no way. i said with the council on foreign relations and all of our time working on things like china and mexico and all the traditional foreign-policy issues. we believe the agenda and all things domestic. but
what he said was the deficit in the state of american society. i think that's exactly right. you can look at questions of the budget. you can look at questions of infrastructure. immigration policy. but above all, education policy. this is the future. we're not talking about her physical infrastructure. and joel klein is someone who's given his most recent phase of his multi-career when he discovers the best restaurants in brooklyn, is focused on improving a lot of young people in this country....
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Nov 28, 2012
11/12
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FBC
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he did make one comment about the deficit reduction. it really was calling on congress saying this is up to you. dennis: he was calling on americans to contact their congressmen and invite them to raise taxes on anybody else, but me. cheryl: we have gerri willis here with us to talk about this issue. first, jim, to you. do you feel any better now that he has spoken? >> not really. i did not hear compromise. i kind of have to respectfully disagree. i think the american people are overwhelmingly calling for a compromise. i think the republicans have made the first move to put spending cuts back on the table or on the table. sorry, the republicans on the tax hike in the raising of revenues, i am not hearing the other side. they really do have to go hand in hand. i think the democrats and president are -- we could turn this off. this could be an absolutely self-inflicted wound. dennis: calling on america and extending the bushhtax cuts for another year. do you get a feeling that the americans are clamoring for tax increases for people makin
he did make one comment about the deficit reduction. it really was calling on congress saying this is up to you. dennis: he was calling on americans to contact their congressmen and invite them to raise taxes on anybody else, but me. cheryl: we have gerri willis here with us to talk about this issue. first, jim, to you. do you feel any better now that he has spoken? >> not really. i did not hear compromise. i kind of have to respectfully disagree. i think the american people are...
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Nov 27, 2012
11/12
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not to reduce the deficit. if the goal was to reduce the deficit, why refuse to end taxpayer subsidies for the oil companies? if reducing the deficit was the purpose, why refuse to and special breaks for corporate jets and the folks at the very high end of the income scale? that was not the plan. the plan was to use this moment to threaten the economy, to try and slash the social safety net and those critical investments in education, innovation, and our future. guess what? they failed to do that. they failed to end the medicare guaranteed. they failed to slash medicaid, education. in this measure, we succeeded in protecting medicare and social security beneficiaries. we succeeded in protecting seniors in nursing homes, individuals with disabilities, and poor kids who depend on medicaid for their health care. we succeeded in providing room for critical investments in education and america's future. do not get the wrong, mr. speaker. there is much in this plan i do not like. we did not succeed in shutting down s
not to reduce the deficit. if the goal was to reduce the deficit, why refuse to end taxpayer subsidies for the oil companies? if reducing the deficit was the purpose, why refuse to and special breaks for corporate jets and the folks at the very high end of the income scale? that was not the plan. the plan was to use this moment to threaten the economy, to try and slash the social safety net and those critical investments in education, innovation, and our future. guess what? they failed to do...
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Nov 22, 2012
11/12
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CSPAN2
tv
eye 91
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as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've se
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the...
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Nov 29, 2012
11/12
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[inaudible conversations] >>> to find out more and watch event on deficit reduction we have created a special website you can watch video from capitol hill and white house and read the tweets. that's at c-span.org/fiscalcliff. ! new a few moments we'll hear about the u.n. vote of making palestine a nonmember observer state. from a state department spokesman and from british foreign secretary william hag in about ten minutes. and after that, we'll reair the hearing on amtrak's operations. several live events to telling you about tomorrow. from london they release the report on british media practices that including phone-hacking of people in the news. .. is $50,000. almost four to with the rest costs. and the vast majority of producers who use public schools. we could take the money we spend today, every public school system and save billions of dollars per year at the same or better outcomes. >> deputy secretary of state, bill burns' special envoy met with houston and president ,-com,-com ma mahmoud abbas in new york city to discuss thursday's vote in the united nations to elevate pal
[inaudible conversations] >>> to find out more and watch event on deficit reduction we have created a special website you can watch video from capitol hill and white house and read the tweets. that's at c-span.org/fiscalcliff. ! new a few moments we'll hear about the u.n. vote of making palestine a nonmember observer state. from a state department spokesman and from british foreign secretary william hag in about ten minutes. and after that, we'll reair the hearing on amtrak's...
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Nov 28, 2012
11/12
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CNBC
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well, as you know, we are running over $1 trillion deficit. even if it is a few hundred billion of revenue, it is going to reduce the total amount of borrowing. and it has to be mediate. it can't be a promise for future spending cuts. >> this last point. is it possible to have rules? >> a lot of famous economists say we should have rules on spending. why not have a cap on debt as a share on gdp. why not have that as our goal is to put it as 50 or 60%? >> well, the answer is you could. except we out to be progractica. but whatever laws congress sets congress can break. they have refused to do a budget. it is not a rule it is a law and it is the statute. so, i'm in favor of some of these rules, but i'm recognizing at the end of the day, what matters more is what you send to washington. >> well, we he have a little more than a month to go and nobody seap seems to know how s going to play out. many, many thanks for coming on. cyber monday was a record breaker this year. sales rising 30% compared to this year. mobile dievises played a big role. so
well, as you know, we are running over $1 trillion deficit. even if it is a few hundred billion of revenue, it is going to reduce the total amount of borrowing. and it has to be mediate. it can't be a promise for future spending cuts. >> this last point. is it possible to have rules? >> a lot of famous economists say we should have rules on spending. why not have a cap on debt as a share on gdp. why not have that as our goal is to put it as 50 or 60%? >> well, the answer is...
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Nov 29, 2012
11/12
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FOXNEWSW
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the spending deductions have not reduced our deficit. we still have, the president still has $1 trillion plus deficit if this next fiscal year. he had it for the past four and he has it for the next four if he follows the same course. that is not a road to prosperity or job creation. or economic vitality. >>neil: i want to be clear, congressman. republicans do not appear to be on the same page on this, as republicans, are you saying your view, hiking the rates or adjusting in any way is felt universally by your colleagues? we know a couple of them have bolted from that but you are going to hold in lock step on that position? >>guest: there is a universality in our conference with 240 of us in the house of representatives so there are 240 different opinions but by and large the majority of us firmly believe raising tax rates is counterproductive and doesn't solve the problem. >>neil: always a pleasure, sir, thank you. take the money and run? not quite but quite a run of companies hiking dividends. and disney is the latest and it will prob
the spending deductions have not reduced our deficit. we still have, the president still has $1 trillion plus deficit if this next fiscal year. he had it for the past four and he has it for the next four if he follows the same course. that is not a road to prosperity or job creation. or economic vitality. >>neil: i want to be clear, congressman. republicans do not appear to be on the same page on this, as republicans, are you saying your view, hiking the rates or adjusting in any way is...
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Nov 28, 2012
11/12
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now we're facing debt and deficit. on the question of labour supply and investment of savings, it is hard to know what the rates would have been. but in general, tax rates to increase porges station in the labour market, particularly for women. there is every -- very strong evidence that lower tax rates make people save more prepared host: did it create jobs? guest: the tax policy itself does not create jobs. employers create jobs. there was a recession and at the bush administration in the beginning and one at the end. that continued into the obama administration. jobs come and go. at the moment, we have a significant job deficit. but i think if we look not just at the bush tax cuts in isolation, but the tax policy over the history of the united states and in other countries, we see the lower chart -- lower tax rates do contribute to getting jobs. host: ethan pollack, as did the bush tax cuts work? guest: they did work in the sense that they cost a lot of money and reduced surpluses. 80% of the debt added during the t
now we're facing debt and deficit. on the question of labour supply and investment of savings, it is hard to know what the rates would have been. but in general, tax rates to increase porges station in the labour market, particularly for women. there is every -- very strong evidence that lower tax rates make people save more prepared host: did it create jobs? guest: the tax policy itself does not create jobs. employers create jobs. there was a recession and at the bush administration in the...
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Nov 27, 2012
11/12
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FOXNEWSW
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in fact, they have been running a deficit. they have relied more on federal stimulus money to take care of their debt than any other state in the country. >> bill: they owe 40 billion, juan. >> looking for a bailout. >> bill: when willie nelson dies and least his estate 40 billion with all the medicinal marijuana on the ranch rolling in austin. that's a manageable debt. you can pay it off. all right? you can't pay off 160 billion. the sacramento pinheads know they can't fay off. it's a ponzi scheme out there. >> the yeah, the pension, the unions. >> bill: yeah, they can't pay it off. >> you know what they did have a vote by the people, a democratic, you know, vote that says here is is a mechanism that we want to put in place to reduce spending and to raise taxes, you don't see that in texas. they don't do it that way. the legislature meets once every two years and all up to them and not the people. in terms of democratic inticket, i think i would prefer california. >> bill: you are dodging the social experiment on the liberal
in fact, they have been running a deficit. they have relied more on federal stimulus money to take care of their debt than any other state in the country. >> bill: they owe 40 billion, juan. >> looking for a bailout. >> bill: when willie nelson dies and least his estate 40 billion with all the medicinal marijuana on the ranch rolling in austin. that's a manageable debt. you can pay it off. all right? you can't pay off 160 billion. the sacramento pinheads know they can't fay...
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Nov 23, 2012
11/12
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FOXNEWSW
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care scenario using his own numbers raise $82 billion in additional revenue and we have $1 trillion deficit and $17 trillion in debt like putting a band-aid on a grenade wound. >> wasn't the choice very clear in the election, republicans said no tax increases and they got a president who said, well have them and they lost seats in the senate. >>guest: they did but they kept the house of representatives and the americans voted if a government with two parties that control different areas of the government. if there is a mandate it is that americans want both sides to get together to compromise, to work out a solution, and i don't think it was by any means endorsement of raising taxes for the sake of raising taxes. that is worst case scenario for republicans. there is another way, and it is closing loopholes and deductions. >> do all republicans know it? you speak to senator chambliss who says i am doing what is best for the country not living with the no tax hike pledge? >>guest: absolutely, senator chambliss, i cannot speak if him personally but most republicans would say there is a better
care scenario using his own numbers raise $82 billion in additional revenue and we have $1 trillion deficit and $17 trillion in debt like putting a band-aid on a grenade wound. >> wasn't the choice very clear in the election, republicans said no tax increases and they got a president who said, well have them and they lost seats in the senate. >>guest: they did but they kept the house of representatives and the americans voted if a government with two parties that control different...
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Nov 29, 2012
11/12
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KNTV
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plan to capitol hill today. >> i'm very open to a fair and balanced approach to reduce our defic deficit. >> reporter: republicans want to know does that approach include the government spending less money. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats, executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in negotiation like this and everybody was purporting to be where they are, i would say that an agreement is reachable. >> i'm hopeful but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people and i think we ought to go ahead and make that abundantly clear to anybody and take them out of the negotiation. >> reporter: bottom line, no de
plan to capitol hill today. >> i'm very open to a fair and balanced approach to reduce our defic deficit. >> reporter: republicans want to know does that approach include the government spending less money. >> we put revenue on the table as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats, executives from big companies heard the plan wednesday at the white house. at least...
SFGTV: San Francisco Government Television
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Nov 23, 2012
11/12
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SFGTV
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another term for this gap between the blue and orange lines is the deficit factor. it's a term in california school of finance. and that is now over 22%. so for every dollar of baseline revenues we should be receiving, we are receiving 78 cents of funding. and that is being scored and tabulated each year by the state. and it is hopefully going to be restored over time. but in the past six years we have been making do with the resources you see on this chart. >> just to clarify, that's the projected statutory cola, the difference between that and
another term for this gap between the blue and orange lines is the deficit factor. it's a term in california school of finance. and that is now over 22%. so for every dollar of baseline revenues we should be receiving, we are receiving 78 cents of funding. and that is being scored and tabulated each year by the state. and it is hopefully going to be restored over time. but in the past six years we have been making do with the resources you see on this chart. >> just to clarify, that's the...
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Nov 27, 2012
11/12
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it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run it to buy solvency for a long time. i think we should take social security off the table for the current fiscal cliff but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of the simpson- bowles commission for social security and give them eight months to a year to come up with a planned to buy us 75 years of solvency for social security. then bring it to the floor for a vote and allow any bipartisan group who can come up with a credible plan that meets the same goal to offer their own to be voted on in the senate and house. i might add a wrinkle here that senator mark warner came up with that i think is sensible. there should be a decennial process. every 10 years, but they should measure whether or not social security still has 7
it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run it to buy solvency for a long time. i think we should take social security off the table for the current fiscal cliff but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of the simpson- bowles...
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Nov 28, 2012
11/12
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CSPAN
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social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles region of a simpson- bowles, and come up with a plan to buy 75 years of salt with the rigid of solvency. -- of solvency foug. i might add a wrinkle here. years, a similar commission ought to be creat ed. not get into this mess where we have six months to go with social security. you know how important it is for people. people are devastated by the recession and their pension plans lost. it is important to us, our kids come and grandchildren. i think we should create a commission that will report back to congress before a vote by the end of the next calendar year. i want to talk about the two toughes
social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles region of a simpson- bowles, and come up with a...
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Nov 29, 2012
11/12
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deficits that are unsustainable. i hope at the end of this year that -- congress will extend the middle class for 98% of americans, but let the tax cuts on that 2% expire. host: william mcbride, is the payroll tax cut a side issue? guest: it was front and center a year ago. it was debated in stages. we had a two month extension last year at this time. we had a protracted debate that picked up again in february and was extended again for the rest of the year. that was an major push by the president. it is a major deal. it is more than $100 billion a year, the estimate is $125 billion a year. that is more than 10% of the deficit. these are big numbers. it is an unprecedented policy, to start it two years ago and prior to that time -- the first time it was passed it was for one year. it was debated again last year. we did not play around politically with the payroll tax to much. nothing like we did with the income tax. it is rather unprecedented, cuts in to a program that was posted a dedicated to social security -- sup
deficits that are unsustainable. i hope at the end of this year that -- congress will extend the middle class for 98% of americans, but let the tax cuts on that 2% expire. host: william mcbride, is the payroll tax cut a side issue? guest: it was front and center a year ago. it was debated in stages. we had a two month extension last year at this time. we had a protracted debate that picked up again in february and was extended again for the rest of the year. that was an major push by the...
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Nov 22, 2012
11/12
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CSPAN2
tv
eye 116
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as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've se
as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the...
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Nov 29, 2012
11/12
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FOXNEWSW
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for those of us that realize barack obama owns the economy, the deficit, owns everything, and as things get worse you can blame him for his failed policies. but if they're going to go back, in this case tom hartman is going to blame ronald reagan -- well, there's never any hope of not blaming george bush. listen to this. >> black friday in reality is a symptom of the plight that 30 years of reaganomics brought to america. we've been steadily, the last 30 years, watching the destruction of organized labor, labor unions. we have black friday today because the wealthy elite have strangled their workers for 32 years. ever since ronald reagan's election. >> sean: forget those eight years of clinton and four years of obama, it's reagan's fault. it's reagan's fault that on black friday people are killing themselves at victoria's secret. >> they're going after capitalism. the kids are being taught this stuff in school. it really is incredible. the crisis of capitalism. that's really what they're after. that's a core issue. >> sean: yeah, but there's a common theme, that all the troubles in the
for those of us that realize barack obama owns the economy, the deficit, owns everything, and as things get worse you can blame him for his failed policies. but if they're going to go back, in this case tom hartman is going to blame ronald reagan -- well, there's never any hope of not blaming george bush. listen to this. >> black friday in reality is a symptom of the plight that 30 years of reaganomics brought to america. we've been steadily, the last 30 years, watching the destruction of...
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Nov 28, 2012
11/12
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FBC
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the times buys into the opinion that tax hikes will bring in enough money to plug the deficit. this is the central theme of the liberal elite. you can have all the goodies if you just tax the rich. i beg to differ. raising taxes when california is in virtual recession is not going to bring the economic growth of the state desperately need to. california has 10% unemployment. highest poverty rate in the nation and it is hemorrhaging. middle-class people and jobs. the new york times thinks tax hikes are the answer just like they think tax hikes will fix the next fiscal deficit problem. wrong for california, wrong for america. the state and the nation have a spending problem but both the state and the nation voted to keep spending spree, keep going and both voted to raise taxes. i do not share the times's rosy outlook for california or the united states and that is my take. ♪ ♪ [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winr event going onow -- but hurry, the offer ends on. stuart: john boehner said he is opti
the times buys into the opinion that tax hikes will bring in enough money to plug the deficit. this is the central theme of the liberal elite. you can have all the goodies if you just tax the rich. i beg to differ. raising taxes when california is in virtual recession is not going to bring the economic growth of the state desperately need to. california has 10% unemployment. highest poverty rate in the nation and it is hemorrhaging. middle-class people and jobs. the new york times thinks tax...
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Nov 29, 2012
11/12
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to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful but don't put me down anywhere near optimistic. >> reporter: one conservative republican is now suggesting while negotiations continue on whether the wealthy should pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people. i think we ought to go ahead and make that abundantly clear to everybody and take them out of the negotiations. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signaling that they're willing to give up something to get
to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting...
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Nov 29, 2012
11/12
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MSNBCW
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howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if it happens. >> well, i was going to get to that point. the fiscal cliff itself, howard is right, it's a slope. on day one the economy does not collapse and go into recession. but i worry a lot about the markets. the market reaction to going over the cliff, particularly if we go over the cliff in disarray where there's really no plan. everything's broken down. nobody knows where anybody is. i think that could be pretty ugly in the markets. having said that, my own view is, that going over the fiscal cliff is only the second worst thing that can happen. the worst thing that can happen would be for congress to simply kick the can down the road on everything. >> that's exactly right. >> extend all the taxes, extend all the spending, let life go merrily on the way it is. we cannot let that happen. it is time to address the deficit. and if going over the
howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if it happens. >> well, i was going to get to that point. the fiscal cliff itself, howard is right, it's a slope. on day one the economy does not collapse and go into recession. but i worry a lot about the markets. the market reaction to going over the cliff, particularly if we go over the cliff in disarray where...
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Nov 22, 2012
11/12
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FBC
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if you look at the deficit, the debt, it all matters. and what they are doing, it's almost like a microcosm of what the federal government does. it prints it, goes into more deficit spending. that is what fema is doing. they don't have the money and they will be able to pay back the money a already zero. it is all really the same. congress needs to address this. we cannot keep on doing this, keep on bailing out fema. everything will be fine. it. melissa: we don't want to leave people who need help. are they out of money because their and our people in disaster situations? are they just bad at managing it? >> two reasons, and you mentioned them both. the first is that people build houses on flood prone areas, beaches, next to reverse. they only pay a couple hundred dollars a year for flood insurance. the taxpayer bells them out of literally and figuratively out of these floods because let's say $300 a year. they did bailed out to the tune of tens of thousands of dollars by the federal government when a disaster strikes. if you kind of sou
if you look at the deficit, the debt, it all matters. and what they are doing, it's almost like a microcosm of what the federal government does. it prints it, goes into more deficit spending. that is what fema is doing. they don't have the money and they will be able to pay back the money a already zero. it is all really the same. congress needs to address this. we cannot keep on doing this, keep on bailing out fema. everything will be fine. it. melissa: we don't want to leave people who need...